A spokesman for Anytime Fitness said Tuesday that the Minnesota-based health club giant is moving its headquarters from Hastings to Woodbury, the Pioneer Press reports.
Mark Daly, the national media director for Anytime Fitness, said the company is moving its campus to a 38-acre site at the southwest corner of Interstates 94 and 494. Daly said the company paid $1.6 million for the undeveloped land.
According to the Pioneer Press, Anytime Fitness CEO and co-founder Chuck Runyon said the international health club franchise bought the 38 acres "to accommodate a campus feel that offers an indoor/outdoor experience for our employees and frequent visitors from around the world."
Finance & Commerce says the new facility will initially house about 200 employees, but will have enough room to grow to 250.
Construction for the company's new headquarters is expected to begin this spring, and staffers are hoping to move into the new facility either late summer or early fall of 2015, the Pioneer Press says.
Anytime Fitness last month earned the No. 1 spot in Entrepreneur magazine’s 2014 Franchise 500 list.
Runyon told Entrepreneur that the company's success stems from a focus on its culture, clients, employees and franchisees.
"Culture trumps everything," Runyon said. "Culture eats strategy for breakfast. A cohesive team leads to performance."
Anytime Fitness was founded in 2001 with its first club in Cambridge, Minnesota. The 24-hour fitness company began franchising in 2002, and since has grown to more than 2,300 franchises and 1.9 million members worldwide, according to Entrepreneur.